§ 16–5B-12
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Occ. & Prof. § 16-5B-12 (2026)
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors
Subtitle 5B. Real Estate Appraisal Management Companies
§ 16–5B-12LinkCopy Citation
An appraisal management company shall inform the Commission when the appraisal management company has a reasonable basis to believe that:
(1)
an appraiser has:
(i)
failed to comply with the Uniform Standards of Professional Appraisal Practice;
(ii)
violated applicable laws; or
(iii)
engaged in unethical or unprofessional conduct; and
(2)
the appraiser’s conduct under item (1) of this section is likely to affect the value assigned to the consumer’s principal dwelling.